Constellation Brands
1,026 hedge funds and large institutions have $24.6B invested in Constellation Brands in 2020 Q2 according to their latest regulatory filings, with 146 funds opening new positions, 399 increasing their positions, 352 reducing their positions, and 69 closing their positions.
112% more first-time investments, than exits
New positions opened: 146 | Existing positions closed: 69
38% more funds holding in top 10
Funds holding in top 10: 13 → 18 (+5)
22% more capital invested
Capital invested by funds: $20.1B → $24.6B (+$4.51B)
13% more repeat investments, than reductions
Existing positions increased: 399 | Existing positions reduced: 352
7% more funds holding
Funds holding: 959 → 1,026 (+67)
0.22% less ownership
Funds ownership: 83.81% → 83.59% (-0.22%)
17% less call options, than puts
Call options by funds: $455M | Put options by funds: $548M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$326M |
| 2 |
MG
Meritage Group
San Francisco,
California
|
+$234M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$135M |
| 4 |
PCM
Palestra Capital Management
New York
|
+$102M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$354M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$279M |
| 3 |
VAM
Vontobel Asset Management
New York
|
-$135M |
| 4 |
BlackRock
New York
|
-$115M |
| 5 |
D.E. Shaw & Co
New York
|
-$88.6M |
STZ Hedge Fund Activity: Q2 2020 in Review
1,026 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Constellation Brands (STZ) for Q2 2020, worth a combined $24.6B — up 22% from $20.1B a quarter earlier.
Buyers outnumbered sellers: 146 funds opened new STZ positions and 69 closed out — a net gain of 77 holders — while 399 added to existing stakes and 352 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $326M. The largest seller was Jennison Associates, cutting an estimated $354M.
- 1,026 institutional investors held Constellation Brands (STZ) as of Q2 2020, up from 959 in Q1 2020.
- Funds reported $24.6B of Constellation Brands stock for Q2 2020, up 22% quarter-over-quarter.
- 146 funds opened new Constellation Brands positions in Q2 2020 and 69 closed out, a net change of +77 holders.
- The largest Constellation Brands buyer in Q2 2020 was Wellington Management Group, an estimated $326M added.
- The largest Constellation Brands seller in Q2 2020 was Jennison Associates, an estimated $354M sold.
Based on aggregated 13F filings for Q2 2020.